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Turkey unveils its foreign trade turnover for May 2020

Türkiye Materials 30 June 2020 12:29 (UTC +04:00)
Turkey unveils its foreign trade turnover for May 2020

BAKU, Azerbaijan, June 30

By Rufiz Hafizoglu - Trend:

Turkey's foreign trade turnover in May 2020 amounted to over $23.3 billion, Turkish Trade Ministry told Trend on June 30.

In the reporting month, Turkey's exports dropped by 40.9 percent compared to May 2019, having stood at over $9.9 billion.

Meanwhile, imports of Turkey in May 2020 went down by 27.8 percent compared to May of last year and amounted to $13.3 billion.

According to the ministry, in the first five months of this year, Turkey’s trade turnover made up $144.1 billion.

From January through May 2020, Turkish exports decreased by 19.7 percent compared to the same period in 2019, having exceeded $61.5 billion, the ministry said.

It was also noted that Turkish imports dipped by 5.2 percent compared to the same period in 2019, having made up over $82.5 billion.

The foreign trade turnover of Turkey in 2019 made up $374.2 billion.

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Follow the author on Twitter: @rhafizoglu

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